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AI ALERT: A New Dawn for the Tech Giants

Source: Microsoft Bing AI Image Creator

“We expect capital expenditures to have a material sequential increase on a dollar basis, driven by investments in Azure AI infrastructure.”Satya Nadella, CEO, Microsoft, April 25

“Our investments and breakthroughs in AI over the last decade have positioned us well…we continue to significantly invest in infrastructure to drive our many AI opportunities.”

Sundar Pichai, CEO, Google, April 25

“we are no longer behind in building out our AI infrastructure. And to the contrary, we now have the capacity to do leading work in this space at scale. As these new models and use cases continue scaling, we’re going to need to continue investing in infrastructure.”

– Mark Zuckerberg, CEO, Meta Platforms, April 26

“We’re continuing to invest in infrastructure to support AWS customer needs, including investments to support Large Language Models and generative AI.”

– Brian Olsavsky, CFO, Amazon, April 27

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